Published On: April 14, 2018
Medical care and long-term nursing care can get very expensive and it’s important to plan in advance for these costs of care. As you age, paying for these expenses could become extremely difficult as well. Older clients may have a special interest in Medi-Cal planning, as it is never too early to plan and protect your estate. What is Medi-Cal and how will it accomplish these goals? Medi-Cal is a California and federal program that helps cover the cost of health care for qualifying low-income individuals and families. These people include: Seniors age 65 or older Disabled people Children Pregnant...
Published On: April 7, 2018
If you’re planning out your estate, you may have likely heard the term “probate”. You’ve probably also heard that probate is something you want to avoid. There are a couple of reasons why you’d want to avoid probate. The probate process can be expensive, as there are fees that will have to be paid. In addition, your estate may be used to pay for these costs, which could mean your surviving family will get a smaller amount from your estate than initially expected. Probate also places control in the hands of a judge. The judge will decide how assets are...
Published On: March 28, 2018
An advance healthcare directive is a legal document that details what kind of medical care you desire should you become incapacitated or unable to care for yourself. While no one can predict the future, it is best that you prepare for events such as you: Falling into a coma Becoming seriously injured Being terminally ill Developing severe dementia The kind of treatment you would want will be listed in your advance healthcare directive. The advance directive could give orders regarding treatment for terminal illness or comas including orders to end life support. The advance directive could also give orders to...
Published On: March 15, 2018
Most people avoid thinking about how their family will survive without them when they eventually pass away. It will be very difficult to set up your estate plan in your last days, so make sure that you meet with an estate planning lawyer and get your arrangements planned out in advance. In addition, by preparing your estate for that fateful day, you’ll save your surviving family time and money dealing with any estate complications. Everyone can benefit from an estate plan, whether you file a will or trust. When you meet with an estate planning lawyer and begin to build...
